Globex Reports Strong Gold Intersections at Duquesne West Property

TORONTO, Sept. 29, 2026 /CourierPR/ -- Globex Mining Enterprises Inc., through its subsidiary Emperor Metals Inc., has announced the results of additional drilling at the Duquesne West property in Duparquet, Quebec. The company has completed 20,479 meters of new drilling, along with approximately 7,884 meters of targeted historical core, generating more than 28,000 meters of combined drilling data. To date, a total of 142,758 meters of drilling has been completed on the property, with Globex retaining a 50% interest in the property through its ownership interest in Duparquet Assets Ltd.

The best new intersection reported is in hole DQ-26-37, which at a vertical depth of 335 meters assayed 5.9 grams per tonne (g/t) gold over 32.0 meters (104 feet). To date, results have been received for 44 of 66 holes (13,943 meters), representing 68% of the new 2026 drilling and approximately 50% of the total expected assays.

Jack Stoch, P.Geo., Executive Chairman and CEO of Globex, in his capacity as a Qualified Person (Q.P.) under National Instrument 43-101, prepared the information that forms the basis of this written disclosure. Further details, including additional drill assays and the assay methodology, can be found in the Emperor press release, which is available for shareholders to access.

The drilling results continue to demonstrate the potential for significant mineralization at the Duquesne West property. The company plans to continue systematic infill drilling to de-risk and expand the deposit model, with the goal of further enhancing the resource base and increasing the likelihood of a successful mining operation. The best new intersection reported is in hole DQ-26-37, which at a vertical depth of 335 meters assayed 5.9 g/t gold over 32.0 meters (104 feet). To date, results have been received for 44 of 66 holes (13,943 meters), representing 68% of the new 2026 drilling and approximately 50% of the total expected assays.

Globex Mining Enterprises Inc. is focused on advancing its exploration and development projects, with the Duquesne West property being a key asset in its portfolio. The company remains committed to providing regular updates to its shareholders and the broader investment community as it progresses with its exploration activities. Shareholders can access the Emperor press release which includes further drill assays, details of the assay methodology, additional figures, etc. by clicking here.

Figure: Spatial relationship of hole DQ26-37 to key 2026 and historical high-grade gold intercepts at Duquesne West. This figure demonstrates the broad footprint of mineralization within this particular lens and underlines growth potential as systematic infill drilling continues to de-risk and expand the deposit model.

Caution Regarding Forward-Looking Statements Certain statements included in this press release may constitute “forward-looking statements” within the meaning of applicable Canadian securities laws. Except as may be required by such laws, Globex Mining Enterprises Inc. (“Globex”) does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements, by their very nature, are subject to numerous risks and uncertainties. As a result, actual results could differ materially from Globex’s expectations expressed in or implied by such forward-looking statements. No assurance can be given that any events anticipated by the forward-looking statements will materialize, or if any of them do, what benefits Globex will derive therefrom. Numerous risk factors which may cause actual results to differ materially from expectations expressed in or implied by the forward-looking statements are discussed in Globex’s annual information form for the 2025 fiscal year filed with the Canadian securities regulatory authorities, available on SEDAR+ at www.sedarplus.ca and on Globex’s website at www.globexmining.com. Globex cautions readers that such risks are not the only ones that could impact it. Additional risks and uncertainties not currently known to Globex or that Globex currently deems to be immaterial may have a material adverse effect on Globex’s business, financial condition, and results of operations. Given these risks and uncertainties, Globex cautions investors and others against placing undue reliance on such forward-looking statements as a prediction of future results or for any other purpose. This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “1933 Act”), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the 1933 Act), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the 1933 Act.